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Chomerics

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Chomerics - Chemicals & Materials showcase

Year Founded & Workforce

1917

55,000 Employees

Industry

Chemicals & Materials

Services

EMI Shielding
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Chomerics Overview

Company Headquarters: Woburn, US

Founded: 1917

Workforce: ~55,000

Company Working: Chomerics is a global leader in the application and development of electrically conductive and thermal interface materials. It is a division of Parker Hannifin Corp, which is a world leader in ‘Motion and Control’ technologies. It operates through three segments, namely EMI shielding, thermal interface materials, and LCD display protection and enhancement. Under the EMI shielding segment, it manufactures an extensive selection of EMI gaskets and air ventilation panels, among others. It is a total solutions provider of EMI shielding, thermal management, integrated display products, engineered plastics, and metal-based assemblies.

Strategy

The company primarily focuses on expansion and diversification of its product portfolio offering customized products as per the customer requirement. To achieve product diversification, the company has invested heavily in its research and development capabilities. The company also focuses on acquisition and joint ventures to increase maintain its market share.

Company Snapshot

$11,361M

Revenue

55,000

Employees

1917

Founded

Woburn, US

Headquarters

SWOT Analysis

Strengths

  • World leader in electrically conductive and thermal interface materials
  • Diverse product portfolio
  • Global presence in 55 countries located in six continents
  • Strong investment capabilities
  • Broad products and services portfolio
  • Established market presence

Weaknesses

  • Overdependence on a single segment (diversified industrial segment)
  • Long-term debt of USD 4,318.56 millions
  • Focus on limited markets

Opportunities

  • Strategic expansion and joint ventures
  • Investments in R&D
  • Strategic acquisition and partnership

Threats

  • Foreign exchange rate risks
  • Fluctuating raw material prices
  • Intense competition
  • Uncertain economic conditions

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Key Developments

DateApproachDevelopment
March 2017Product LaunchChomerics launched PREMIER PBT-225, new EMI shielding conductive plastic pellets. It is typically engineered for automotive grade six sigma quality tolerances. It is specially formulated to offer excellent hydrolysis resistance, enhanced reliability, and making metal to plastic conversions possible for electronics applications. These conversions help in 65% cost reduction and eliminate 35% of the housing weight.
February 2017Product LaunchChomerics developed an advanced range of urethane-filled expanded aluminum products, Metalastic EXP-URE, which offers electrically conductive fluid and pressure sealing solution. Moreover, it provides the users the ability to minimize galvanic corrosion of interfacing surfaces, which makes it ideal for EMI shielding. The shielding effectiveness of this product is >90 dB for all frequencies (10 MHz to 18 GHz), while the electrical through-resistance is 0.0015 Ohms.

Product Offering

  • Chomerics
    • EMI Shielding

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 rose from USD 11,361 Mn in 2016 to USD 14,302 Mn in 2018.
Chomerics — By Business Segment
Series (USD Mn)201620172018
SBU breakup-011,36112,02914,302

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